Acceleware (TSXV:AXE) Debt-to-Asset : 3.50 (As of Mar. 2024)

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What is Acceleware Debt-to-Asset?

Acceleware's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was C$0.85 Mil. Acceleware's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was C$1.51 Mil. Acceleware's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2024 was C$0.68 Mil. Acceleware's debt to asset for the quarter that ended in Mar. 2024 was 3.50.

Acceleware Debt-to-Asset Historical Data

The historical data trend for Acceleware's Debt-to-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Acceleware Debt-to-Asset Chart

Acceleware Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Asset

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0.02

0.05

0.02

0.77

1.59

Acceleware Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Asset	Get a 7-Day Free Trial															0.67	2.05	1.83	1.59	3.50

Competitive Comparison of Acceleware's Debt-to-Asset

For the Software - Application subindustry, Acceleware's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Acceleware's Debt-to-Asset Distribution in the Software Industry

For the Software industry and Technology sector, Acceleware's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Acceleware's Debt-to-Asset falls into.

Acceleware Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Acceleware's Debt-to-Asset for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(0.944	+	1.455)	/	1.51
	=	1.59

Acceleware's Debt-to-Asset for the quarter that ended in Mar. 2024 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(0.852	+	1.512)	/	0.675
	=	3.50

Acceleware (TSXV:AXE) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

Acceleware Debt-to-Asset Related Terms

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Acceleware (TSXV:AXE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Acceleware Ltd (TSXV:AXE) » Definitions » Debt-to-Asset

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ACWRF:USA

Address

435 - 10 Avenue SE, Calgary, AB, CAN, T2G 0W3

Website

https://www.acceleware.com

Acceleware Ltd is a Canadian clean-tech company. It is an innovator of radio frequency heating technologies that enable the electrification of industrial heat and promise a dramatic reduction in greenhouse gas (GHG) emissions. It has two operating segments, RF Heating, and High-performance computing. The company generates revenue from maintenance, software, and services. Geographically it generates a majority of its revenue from the USA.

Executives